⭐ Editor's Choice — Top Rated Pick
Discover it® Secured Credit Card
📍 Available in: US
★★★★★ 4.9 / 5.0
The Discover it Secured Credit Card is widely recognized as the single best secured credit card on the market. Unlike virtually every other rebuilder card that offers zero rewards, Discover pays 2% cash back at gas stations and restaurants (on up to $1,000 in combined purchases per quarter) and 1% on all other spending, matched dollar-for-dollar at the end of your first year. Discover automatically reviews your account starting at month 7 to return your deposit.
Key Facts at a Glance
| APR / Rate | 28.24% Variable APR |
| Credit / Eligibility | Rebuilding / No Credit (No FICO Minimum) |
Pros & Cons
✓ Pros
- ✓Earns real cash back rewards while rebuilding your credit
- ✓First-year Cashback Match doubles all rewards earned with no maximum cap
- ✓Transparent graduation process: automated reviews begin at month 7 to refund your deposit
- ✓No annual fee, no foreign transaction fees, and no fee on your first late payment
✕ Cons
- ✕Requires minimum $200 deposit upfront
- ✕Requires linking an existing checking or savings account to fund deposit
Key Features
2% Cash Back on Gas & Dining (up to $1,000/qtr)Unlimited Cashback Match™ for First YearAutomatic Monthly Reviews Starting at Month 7$0 Annual Fee & $0 Foreign Transaction FeesFree FICO® Credit Score on Every Statement
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